Tether and Fasanara launch a $400 million private credit fund, targeting to attract $3 billion in institutional capital.
2026.09.09 20:12:36
Tether and Fasanara Capital have announced the launch of StableFund, an evergreen private credit facility. The two parties will jointly contribute $400 million as initial capital, and plan to attract up to $3 billion in third-party institutional capital to expand stablecoin-backed real economy loans. Fasanara will serve as investment manager, deploying funds into short-term, asset-backed credit strategies through its global fintech lending network. Tether, as co-sponsor, loan opportunity originator and advisor, will be responsible for sourcing USDT-related financing opportunities, and providing stablecoin settlement, on/off ramps and fund management infrastructure. The fund plans to integrate USDT into fintech platforms across more than 60 countries to provide financing to small and medium-sized enterprises (SMEs) and consumers. Tether stated that the structure is designed to enhance the efficiency of cross-border credit capital flow; the global SME financing gap is currently estimated at $5.7 trillion.
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